The Procurement ClassRoom

NOVEMBER 23, 2024

Public procurement will either propel us toward the digital future Gates describes or hold us back with outdated processes and institutional inertia. To succeed, governments must embrace innovation, integrate cutting-edge tools like artificial intelligence (AI) and blockchain, and empower procurement teams to lead the way.

Procurement 59

Procurement Supply Chain E-procurement Public Procurement 59

Tracker Intelligence

NOVEMBER 20, 2024

Advanced analytics tools are being integrated into procurement operations, enabling public and private organisations to rethink procurement processes, supplier relationships and cost optimisation. Analytics can help organisations to identify opportunities for cost savings, improved contract compliance and better procurement strategies.

Efficiency 52

Efficiency Procurement Data Supply Chain 52

The Procurement School

SEPTEMBER 15, 2023

However, the greatest overlap is the procurement life cycle or as some refer to it as the Procurement Journey. This two-part series discusses the five steps of the procurement journey beginning with concept and development and continuing with posting, evaluation and award.

Procurement 52

Procurement Bidder Procurement Strategies Evaluation 52

Oxford College of Procurement and Supply

SEPTEMBER 8, 2023

Ethical procurement requires a company to understand its societal obligations, expectations and social responsibility. Why is Ethical Procurement Important? As such, today’s procurement teams must embed ethics into their processes in addition to the conventional focus on a good ROI.

Ethics 52

Ethics Import Procurement Supply Chain 52

Tracker Intelligence

DECEMBER 30, 2024

Transparent criteria for evaluating social value proposals allow for fair competition among suppliers while keeping them liable for their commitments. Clear policies serve as a roadmap in guiding procurement teams and suppliers toward achieving meaningful and measurable outcomes that benefit society.

Public Procurement 52

Public Procurement Procurement Supply Chain Tender 52

ivalua

MARCH 9, 2023

It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services. S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers.

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

Tracker Intelligence

DECEMBER 16, 2024

By actively engaging with the SME community, procurement teams can ensure that procurement decisions reflect a financial imperative and the broader goal of supporting a competitive and innovative market environment.

Public Procurement 52

Public Procurement Procurement Tender Framework Agreement 52